Rohan Company reported the following transactions: Bought $80 of inventory Sold $65 of inventory for $180...

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Rohan Company reported the following transactions: Bought $80 of inventory Sold $65 of inventory for $180 cash Sold $50 of inventory for $140 on credit Received a $45 prepayment 205 What effect do these transactions have on Net Income? $ that increases in net income are positive and decreases in net income are negative. Enter your answer such 145 What effect do these transactions have on Cash? $ increases in cash are positive and decreases in cash are negative. Enter your answer such that Rohan Company reported the following transactions: Bought $80 of inventory Sold $65 of inventory for $180 cash Sold $50 of inventory for $140 on credit Received a $45 prepayment 205 What effect do these transactions have on Net Income? $ that increases in net income are positive and decreases in net income are negative. Enter your answer such 145 What effect do these transactions have on Cash? $ increases in cash are positive and decreases in cash are negative. Enter your answer such that